Abbotsford | Reuters — The death toll in Canada from massive floods and landslides that devastated parts of British Columbia is set to rise, with the province declaring a state […] Read more
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Tag Archives cp
B.C. calls emergency, expects more deaths from 500-year flood
Some livestock die, more are expected to be euthanized
B.C. rains shut CN, CP mainlines and Highways 1, 7
Repairs already underway, CN says
The effects of rainstorms pelting southern British Columbia’s Interior have reached into the Prairies by effectively cutting off grain traffic to Vancouver. Canadian National Railway said Tuesday that heavy rainfalls […] Read more
CN CEO to retire as investor pressure weighs
Shareholder TCI has replacement in mind
Reuters — Canadian National Railway (CN) said on Tuesday its CEO Jean-Jacques Ruest will retire at the end of January, following investor demands for his exit after the railroad operator’s […] Read more
No evidence trains sparked Lytton fire, TSB says
Transportation Safety Board now stepping out of ongoing fire probe
There’s no proof the fire that largely destroyed a British Columbia village, damaged a key rail bridge and led to cuts in rail speed limits in high-risk areas was sparked […] Read more
CP, Kansas City lock in new deal as CN steps out
More efficient flow of grain, perishables, machinery parts touted
Canadian Pacific Railway and U.S. railway Kansas City Southern on Wednesday again formalized their engagement after competing suitor Canadian National Railway walked away from the table. CP and KCS, which […] Read more
Kansas City Southern plans to accept CP’s bid
Deal would create new lanes for Prairie freight, CP says
Reuters — U.S. railway Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway’s US$27.2 billion cash-and-stock acquisition offer as superior to its US$29.6 billion deal to […] Read more
U.S. regulator rejects CN’s voting trust to buy Kansas City Southern
CP rips CN's play as 'illusory and not achievable'
Reuters — The U.S. rail regulator on Tuesday rejected a voting trust structure that would have allowed Canadian National Railway (CN) to proceed with its US$29 billion proposed acquisition of […] Read more
U.S. railway’s board sticks with CN’s bid
Kansas City Southern board spurns sweetened CP bid
The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas […] Read more
Exemptions, extensions to be granted for rail crossing upgrades
New amendments would exclude low-risk field-to-field crossings
Some farmer-owned field-to-field grade crossings over Canadian rail lines are now expected to be exempted altogether from looming federal requirements for safety upgrades. Proposed amendments to the Grade Crossings Regulations, […] Read more
Lytton bridge re-opened but grain movement ‘hit and miss’
B.C. wildfires continue to disrupt Prairie grain movement
Canadian National Railway’s fire-damaged bridge at Lytton, B.C. reopened for traffic Tuesday — but all train movement, including for grain, through British Columbia’s wildfire-ravaged southern Interior, is “hit and miss” […] Read more
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